Lite-On Technology has reported that its fourth-quarter 2013 consolidated sales reached NT$59.36 billion (US$1.95 billion), up 12% on year and 4% on quarter, hitting a 10-quarter record high. Net profits were NT$2.52 billion, up 9% on year ...
Tags: Lite-On Technology, LED lighting
Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...
With the global economy on the mend, Taiwan's machinery exports for the first two months of this year totaled US$2.854 billion, up 7.5% from the same period of last year, according to the latest statistics by Ministry of Economic Affairs ...
Tags: taiwan, Machinery, Manufacturing, Processing Machinery
Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in 2013 grew by 10.2 percent to TRY 1.56 trillion ($820 billion) in current prices and by four percent in constant prices to TRY 122.39 billion ($57 ...
Tags: GDP, Metallurgy, Mineral, Energy
The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
BlackBerry continued to struggle during the company’s fiscal fourth quarter, experiencing a huge drop in revenue and a $423 million net loss. Revenue for the fourth quarter of BlackBerry’s fiscal 2014, which ended March 1, was ...
Tags: Blackberry, smartphones
Oxford Industries, Inc. announced financial results for its fourth quarter and 2013 fiscal year ended February 1, 2014. For fiscal 2013, a 52-week year, consolidated net sales rose 7% to $917.1 million from $855.5 million in fiscal ...
The Finish Line, Inc. reported results for the fourth quarter and fiscal year 2014, representing the 13 and 52 weeks ended March 1, 2014. Fourth Quarter Results: -Consolidated net sales were $518.9 million, an increase of 17.2% over ...
Tags: Finish Line, EPS, GAAP basis
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for 2013, Russian steelmaker NLMK Group's net profit decreased by 68 percent compared to the previous year to $189 million due to reduced profits from ...
Tags: steelmaker, NLMK Group, EBITDA
Dairy products maker Saputo will close four of its facilities in Canada and the US, as part of efforts to improve its operational efficiency. The move is a part of the company's review of its overall activities to pursue additional ...
lululemon athletica inc. announced financial results for the fourth quarter and fiscal year ended February 2, 2014. For the fourth quarter ended February 2, 2014: Net revenue for the quarter increased 7% to $521.0 million from $485.5 ...
The European aluminum foil market was stable but largely flat in 2013, with output edging up from 2012 levels, according to figures released by the European Aluminium Foil Association. "The outlook for 2014 is viewed optimistically, with ...
Taiwan Association of Machinery Industry (TAMI) Chairman Hsu Hsiu-tsang predicts the island's machine-tool exports to rise at least 10% year on year, to US$4 billion this year, as long as the American market and the ASEAN (Association of ...
Tags: Machine Tool Industry, Machinery Industry, machine-tool exports
With the pace of U.S. economic growth seen speeding up later this year and next, many business economists expect the Federal Reserve to end its bond purchases this fall or even earlier. The consensus of the 48 economists surveyed by the ...
Tags: U.S.economic, GDP, inflation
PVH Corp. reported 2013 fourth quarter and full year results. GAAP loss per share was $(0.46) as compared to the prior year’s fourth quarter earnings per share of $1.09. Highlights: -Fourth quarter Non-GAAP EPS of $1.43 ...
Tags: Calvin Klein, PVH Corp, Apparel